Gordhan bids to halt remedial action over Mkhwebane report
Politics
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Holomisa wants Dan Matjila investigated over alleged VBS loan
Former Public Investment Corporation (PIC) CEO Dan Matjila has been accused by UDM leader Bantu Holomisa of receiving a R2.5 million loan from VBS Mutual Bank.
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WATCH LIVE: Dan Matjila continues testimony at PIC Inquiry
Former Public Investment Corporation CEO Dan Matjila's testimony is highly anticipated due the role he played at the commission during his almost four-year tenure.
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Holomisa wants Dan Matjila probed for allegedly being granted R2.5m VBS loan
As former CEO Dan Matjila was testifying at the PIC Inquiry for the first time, UDM leader Bantu Holomisa took to Twitter to publish the new allegations against him.
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Dan Matjila’s lawyers refuse to comment on R2.5m VBS loan
Former CEO Dan Matjila’s term was marred by scandals and allegations of corruption at the PIC while the collapse of VBS bank was also under investigation.
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Dan Matjila: Deputy finmin shouldn't have say in finance sector investments
Former Public Investment Corporation (PIC) CEO Dan Matjila said the deputy finance minister, who chairs the corporation’s board, should not be involved in decisions regarding the investment of enterprises which fall under the purview of the finance industry.
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WATCH LIVE: Former CEO Dan Matjila faces PIC inquiry
Matjila is a controversial but pivotal character in investigations into the Public Investment Corporation (PIC) as he occupied the CEO position for almost four years.
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Former CEO Dan Matjila set to take stand at PIC inquiry
The inquiry into alleged impropriety has entered its seventh month, with shocking revelations about deals and procedures at the corporation.
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Nothing to investigate against Lubbe, say PIC Inquiry commissioners
The commission says there was nothing in the private meeting between Advocate Jannie Lubbe and former PIC CEO Matshepo More that she agreed to that warrants an investigation or action.
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Cosatu’s Losi urges GEPF board to scrutinise PIC investments
Cosatu president Zingiswa Losi said workers must be vigilant in how the fund manager, which invests funds on behalf of the Government Employees Pension Fund (GEPF), spends the money.
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Marcus says More equally to blame for PIC mess
Through most of Matshepo More's testimony, Gill Marcus asked her to give insight on what she knows about the running of the PIC and not to refer the commissioners to other employees.
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Matshepo More details how PIC got in bed with Ayo Technology
The R4.3 billion Ayo Technologies deal was in the spotlight with allegations that the company flouted procedure to secure the deal.
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Suspended CEO Matshepo More to continue testimony at PIC inquiry
Matshepo More started her testimony on Monday where she denied interfering in the work of the commission the allegation that led to her suspension.
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Suspended PIC CEO Matshepo More denies interference with commission
Matshepo More's testimony got off to a slow start on Monday morning, with commissioners questioning her on her role at the PIC, its memorandums of incorporation and the power dynamics during her time.
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George’s dismissal case now in hands of CCMA
The federation of unions dismissed George last month over allegations of corruption involving his purchase of shares in controversial company Ayo technologies.
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SA corruption inquiries: Will justice ever be served?
The Money Show's Bruce Whitfield interviewed Bernard Hotz of Werksmans about the commissions of inquiry running in the country and when South Africans can expect to see action being taken.
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Alliance partners want forensic probe into Iqbal Survé's donation to WC ANC
The SACP, Cosatu and Sanco have called for the investigation, citing that Survé’s company, Sekunjalo, is the subject of investigation at the commission of inquiry into the affairs of the Public Investment Corporation (PIC).
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Kholofelo Maponya vows to appear at PIC Inquiry over R45m PIC payment demand
Businessman Kholofelo Maponya demanded to be paid R45 million for facilitating a deal between SA Home Loans and the PIC.
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Western Cape ANC to return Iqbal Survé's R1m election donation
According to the ANC, the money was to be used for transporting voters to the polls.
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Understaffing putting PIC at risk, says legal exec
Head of legal services at PIC Lindiwe Dlamini detailed how the corporation lost billions of rand after it failed to protect its investment when it bought shares at scandal-hit Steinhoff.
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Reinstated PIC secretary considers legal action over suspension
Bongani Mathebula was suspended last year for misconduct after she allegedly leaked confidential information to a whistle-blower.
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Lebashe Investment’s Mahloele to take Holomisa to court over PIC claims
UDM leader Bantu Holomisa has accused Lebashe and Harith General Partners of unduly benefiting from the Public Investment Corporation (PIC).
